Sy-led Dominion Holdings reports 30% profit jump in Q1

Sy family-led Dominion Holdings, formerly BDO Leasing and Finance, reported a 30 percent net income spike to P75.9 million during the first quarter of the year.  

This increase was driven by a 28 percent rise in gross Income, fueled by strategic shifts in its investment portfolio towards higher-yielding placements and debt securities. 

The company's total assets primarily consist of investment securities, reaching P6.45 billion during the period, while stockholders’ equity settled at P6.44 billion. 

About the author
Miguel R. Camus
Miguel R. Camus

Miguel R. Camus has been a reporter covering various domestic business topics since 2009.

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